Michigan charges the seller a transfer tax on every deed: $3.75 per $500 to the state and $0.55 per $500 to the county — $8.60 per $1,000 of sale price. On a $350,000 sale that is $3,010 off the top, and it is the single largest line on most Michigan net sheets after the commission.
The tax is computed on the sale price rounded up to the next $500, so a $350,100 sale is taxed as $350,500. Most calculators skip that step and come out a few dollars light.
$8.60 per $1,000 of sale price — $3.75 per $500 to the state under MCL 207.526 and $0.55 per $500 to the county under MCL 207.505. On a $350,000 sale that is $3,010. Both taxes are computed on the price rounded up to the next $500.
The seller. Both statutes place the tax on the seller or grantor, and every standard Michigan purchase agreement follows that. It can be negotiated, but a buyer paying it is unusual and changes their cash to close.
No. Michigan law lets a county over two million residents levy $0.75 per $500, but Wayne County has been under that threshold since the 2020 census, so it charges the standard $0.55 per $500 like every other Michigan county.
Sometimes. Under MCL 207.526(u) the state portion is refundable when the home carried the Principal Residence Exemption, the sale was arm's-length, and the SEV at sale was no higher than the SEV when you acquired it. File Michigan Treasury Form 2796 within four years and fifteen days of closing. The county portion is not refundable.
No. Transfer tax is a one-time charge on the deed when a property changes hands. Property tax is the annual bill computed from taxable value and your local millage.
What your taxes actually become after closing.
Your year-two payment increase and shortage notice.
Net proceeds after transfer tax, commission and payoff.
True monthly payment with uncapped Michigan taxes.
This year's bill from official 2025 millage for your exact district.
Are you over-assessed, and would appealing actually save you anything?